Real Estate Agents Nationwide Implement New N.A.R. Settlement Rules and Policies

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Real Estate Agents across the country continue to implement the new N.A.R. settlement rules and policies.

Real Estate Agents across the country are actively implementing the new N.A.R. settlement rules and policies. The National Association of Realtors has released valuable information to assist Real Estate Agents in explaining these changes to their clients.

Real Estate Agents are finding the guidelines, released just before Labor Day Weekend, helpful in clearing up the confusion that has spread among the media, real estate influencers, and some brokerages. With these tools, Real Estate Agents can better navigate the new policies and provide their clients with accurate information.

Buyers and sellers can now access information directly related to homeownership steps, and Real Estate Agents can guide them through the documents and explanations provided by the NAR. Real Estate Agents can direct their clients to nar.realtor/the-facts, where all insights are posted under the consumer tab, ensuring that Real Estate Agents keep their clients well-informed.

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Fannie Mae Reports Baby Boomers Reluctant to Sell Homes, Opting to Age in Place Amid Rising Costs and Emotional Ties

Earlier this year, Fannie Mae reported that Baby Boomers, ages 70 through 78, are growing the trend to age in place, with only 17% saying they have or will sell their homes during retirement Surveyors reported healthcare needs and expenses, the cost assisted living and inflation were among the top 3 concerns that stopped them from selling their homes. 

Data from the Federal Reserve showed that of the $44.8 trillion dollars of real estate wealth held in the United States, Baby Boomers owned 42% of it.

Fannie Mae’s study highlights many other reasons behind this reluctance to sell. Emotional attachment plays a significant role, with many expressing a deep love for their homes and communities. Additionally, 62% of older homeowners want to leave their home as part of their legacy to their heirs. Financial security is another factor, with nearly half viewing their home equity as a safeguard against unexpected expenses. Only 15% of older homeowners are willing to consider tapping into their home equity for retirement income, preferring instead to age in place. Very few reported interest in a reverse mortgage.

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Corporate Landlords Quietly Seize Florida Housing Market as Lawmakers Stay Silent

Corporate landlords are quietly snapping up thousands of homes, yet state lawmakers remain largely silent. Investor-backed firms now own more than 117,000 homes across the state, most tied to Wall Street and private equity. Despite rising concerns over skyrocketing home prices and deteriorating conditions for renters, Florida has few regulations in place to address this trend.

While other states and federal lawmakers are pushing back—such as a proposed bill in Congress to force hedge funds to sell off single-family homes—Florida’s response has been muted. Critics argue that corporate ownership is driving up prices and making homeownership increasingly unattainable for many Floridians.

“These corporations are prioritizing profits over people,” says Letitia Harmon, policy and research director for Florida Rising. “They’re not investing in safe, habitable properties, and they’re opposed to any regulations that would force them to do so.”

In response to the lack of action, some homeowner associations are taking matters into their own hands, trying to block corporate buyers from entering their neighborhoods. But without stronger state intervention, the influence of corporate landlords in Florida’s housing market is likely to continue growing, raising serious concerns about the future of affordable homeownership in the Sunshine State.

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